Return Threshold. (a) For purposes of the Operating Agreement, the Incentive Units issued hereunder shall each have a return threshold (the “Return Threshold”) which shall be met so long as at the applicable time of determination the Investor Cash Inflows and Investor Cash Outflows provide for the Investor to achieve an IRR equal to (or greater than) the percentage set forth for each class of Incentive Units as follows: Class of Units IRR Class B Units 10 % Class C Units 20 % Class D Units 30 % Class E Uxxxx 00 %
Appears in 4 contracts
Samples: Executive Unit Agreement (AmWINS GROUP INC), Executive Unit Agreement (AmWINS GROUP INC), Executive Unit Agreement (AmWINS GROUP INC)
